Answer:
$34,200
Explanation:
Step 1 : Cost of Equipment
<em>Cost of Equipment include Purchase Price plus other costs directly incurred to put the asset in location and condition intended for use by management</em>
Cost of Equipment = $110,500
Step 2 : Depreciation
Depreciation = (Cost - Residual Value)/ Useful Life
= $17,100
Step 3 : Accumulated Depreciation
Accumulated Depreciation = $17,100 x 2 = $34,200
Therefore,
the amount of accumulated depreciation at December 31, 2022 is $34,200
Answer:
make sure she good
Explanation:
can i have brainlyest pls?
Answer and Explanation:
A. When the employees are more educated and have the higher income as compared with the less educated employees so here education would be indepedent variable and the income is dependent variable. Also the relationship between these two variables i.e. education and income is positive
Therefore the same is relevant
Answer:
Total FV= $7,313.7
Explanation:
Giving the following information:
Year Cash Flow 1 $ 1,040 2 1,270 3 1,490 4 2,230
Discount rate= 9% = 0.09
<u>To calculate the future value, we need to use the following formula on each cash flow</u>:
FV= Cf*(1+i)^n
FV1= 1,040*(1.09^4)= 1,468.04
FV2= 1,270*(1.09^3)= 1.644.69
FV3= 1,490*(1.09^2)= 1,770.27
FV4= 2,230*1.09= 2,430.7
Total FV= $7,313.7
Answer:
$0
Explanation:
Capital assets are useful items that a business intends to keep beyond the current financial year. They are assets held for personal or investment purposes. Capital assets exclude items meant for sale in the current financial period.
Capital assets are used in the business operations to generate more revenues for the company. They are assets with a use-life that is greater than one year. Castle City General purchased a computer to be used by the city's treasurer. Castle City General will not use this item; hence it will not help in generating any revenues. The Furniture is for the mayor's office, and not the Castle City operations. These two purchases will not be included in Castle City books as capital expenditures.
